#us treasury

The post US Treasury Secretary Bessent meets Japan’s Takaichi Tuesday to discuss yen stability and economic security appeared on BitcoinEthereumNews.com. US Treasury Secretary Scott Bessent is meeting with Japanese Prime Minister Sanae Takaichi on Tuesday at 4 PM to talk about currency markets, economic security, and the broader trajectory of the US-Japan relationship. Japan has been actively intervening to prop up the yen against the US dollar in recent weeks, pushing the exchange rate from above 160 down to around 152 since April. What’s on the table in Tokyo The meeting’s agenda covers yen stability, economic security, rare earth supply chains, and energy procurement. Bessent has publicly affirmed the importance of cooperation on currency stability following Japan’s recent interventions to counter speculative selling of the yen. Japan has positioned itself as a leader in energy finance, and both countries have signaled interest in investment screening frameworks similar to CFIUS, th

The post Japanese Yen : Intervention support and rate path – Rabobank appeared on BitcoinEthereumNews.com. Rabobank’s Senior FX Strategist Jane Foley discusses the Japanese Yen (JPY), noting that expected endorsement from the United States (US) Treasury for recent Ministry of Finance (MoF) FX intervention should support the currency in the near term. However, Foley argues USD/JPY will only convincingly move lower if Japan’s fundamentals strengthen further and the Bank of Japan (BoJ) continues tightening policy, alongside a dovish Federal Reserve (Fed) outlook. Yen support hinges on policy trajectory “The visit of US Treasury Secretary Bessent to Japan this week is widely expected to bring an endorsement of the MoF’s recent FX intervention.” “Confirmation that the US Treasury has supported the recent steps taken by the MOF to support the JPY would likely keep it underpinned in the near-term.” “Further out, however, the market will need greater reassurance regarding a strengthening in Ja

The meeting could strengthen US-Japan ties, impacting global economic security and influencing future currency stabilization efforts. The post US Treasury Secretary Bessent meets Japan’s Takaichi Tuesday to discuss yen stability and economic security appeared first on Crypto Briefing.